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bagirrra123 [75]
3 years ago
7

When the economy is at its highest level of expansion, it is said to have reached its _____. trough contraction peak none of the

above
a. trough
b.contraction
c.peak
d.none of the above
Business
1 answer:
Alex_Xolod [135]3 years ago
6 0
When the economy has reached its peak
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Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order to build houses. Westbank em
DiKsa [7]

Answer:

Westbank Real Estate, Inc. and Hardell Lumber Co.

2. Does the electronic agreement for the sale of trees and soil fall under the statute of frauds? (YES / NO)

3. Under which category? (CONTRACTS INVOLVING LAND/ CONTRACTS THAT BY THEIR TERMS CANNOT BE PERFORMED IN LESS THAN A YEAR AFTER THE DATE OF AGREEMENT/ A PROMISE TO ANSWER FOR A DEBT OF ANOTHER/ A PROMISE MADE IN CONSIDERATION OF MARRIAGE/ CONTRACTS FOR THE SALE OF GOODS OVER $500)

4. An electronic memorandum (DOES/ DOES NOT) satisfy the writing requirements for the Statute of Frauds.

5. Land is considered to be (REAL PROPERTY/ PERSONAL PROPERTY)

6. The definition of land includes (NO/ SOME/ ALL) physical objects that are permanently attached to the property.

7. Examples of physical objects that constitute land for purposes of the statute of frauds include (BUILDINGS/ FENCES/ TREES/ SOIL/ ALL OF THESE)

8. A written or electronic memorandum evidencing a contract will suffice provided that the writing is signed by (THE PERSON WHO IS ENFORCING THE CONTRACT/ THE PERSON AGAINST WHOM THE CONTRACT IS BEING ENFORCED)

9. Who signed the emails? (WESTBANK REAL ESTATE/ HARDELL LUMBER/ BOTH PARTIES)

10. What type of signature must be on an email in order to enforce an electronic record? (A TYPED NAME/ AN OFFICIAL SIGNATURE/ A NOTARIZED SIGNATURE/ AN ENCRYPTED SIGNATURE)

11. Does the electronic memorandum have the parties' typed names? (YES/ NO)

12. Does the electronic memorandum describe the property involved?(YES/ NO)

13. Is it likely a court would find that the electronic memorandum satisfied the statute of frauds? (YES/ NO)

14. As a result, Hardell (WILL/ WILL NOT) likely be able to enforce the contract against Westbank.

Explanation:

The memoranda exchanged between Westbank Real Estate and Hardell Lumber Co provides the evidence of their oral contract. The statute of fraud covers most oral contracts, especially those involving real property or sale of land.  It is important to note that land includes all its permanent attachments.

5 0
3 years ago
Under the payment of claims provision, when are benefits typically payable after proof of loss is received?
Anika [276]

All claims other than those for periodic installments should be paid immediately after the insurer has received proof of loss.

A time of payment of claims provision states the wide variety of days that the insurance company has to pay or deny a submitted declaration. This provision is included to minimize the amount of time that a policyholder has to anticipate his/her payment or for a selection approximately his/her declare.

Claim provision means an amount payable to you under the policy to compensate you for the credit losses you have sustained from unpaid insured receivables.

A claim provision is a clause in an insurance contract that sets forth the process to be followed within the submission and management of claims. In the case of a reinsurance agreement, it states the phrases and conditions under which the reinsurer's legal responsibility for claims will arise.

Learn more about insurance here: brainly.com/question/25855858

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7 0
2 years ago
If the financial markets are efficient then: stock prices should remain constant. stock prices should increase or decrease slowl
Bess [88]
<h2>stock prices should respond only to unexpected news and events.</h2>

Explanation:

Let us understand the term "financial market":

Here where the trading places. We talk about shares, debentures, etc.

So when the financial markets are efficient, the market is ready with the information which has been incorporated in to the prices of the product. So  with respect to the market value the stock price will change or respond only during the unexpected news and events.

It will not increase or decrease based on the new events. It will not remain constant too all times.

3 0
3 years ago
What position is typically responsible for financial accounting, managerial accounting, and tax reporting?Audit committeeControl
Naya [18.7K]

Answer: The correct answer is the CFO.

Explanation: The CFO is the Chief Financial Officer of the organization. They are responsible for supervising the audit committee, controller and the treasurer, and are responsible for the financial accounting, managerial accounting and tax reporting for the company.

8 0
3 years ago
T/F The general purpose of tax is to provide incentives that will stimulate and improve the economy
JulijaS [17]

Answer:

False

Explanation:

Because taxes are necessary to sustain public expenses, income distribution, seek greater efficiency of the economy and soften the crises.  Therefore, its general objective is not to create incentives.

5 0
3 years ago
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